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Canadian telecom operators are in a unique position because their parent corporations typically already own partial or full stakes in various media properties o
by otoburb 13y ago
Canadian telecom operators are in a unique position because their parent corporations typically already own partial or full stakes in various media properties or networks, but generally most other operators around globe are trying to figure out how to "deal" with over-the-top (OTT) players like Facebook, YouTube, Netflix, etc.
AT&T's approach to invest in OTT players themselves is a good move that I anticipate other carriers copying through their venture capital investment arms, provided they can hit on one or two "unicorns" along the way.
EDIT: As noted in another thread and article, AT&T failed last year in their bid to acquire Hulu, so now they're using a different approach.